Abschnittsübersicht

  • In this section, we derive "normalized" projections for the free cash flow at the beginning of the continuing value period and we link the estimation of this normalized free cash flows to the discussion about growth and investments from the previous section. With this information at hand, we then put everything together and estimate the value of a hypothetical firm using normalized projections for continuing value.

    • This section's reading assignment and review questions are listed below:

    • Reading: Normalized Projections for Continuing Value Buch
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    • Quiz: Normalized Projections Test
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